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This is an Ea to help trader to fix his objectif in a day before trade. The Idea behind this EA is: This ea is for the postion management The trader should provide the number of trade he would like to take in a day As soon as his take a trade , this number dicrement when taking a trade the ea use this number and the number of volume to calculate tp and sl and place it on the market When the number come to 0 , the ea provide a message to the trader to stop trade for this day
This is a Amazing EA base on the trend and multichart working on 5M timeframe. The EA analyze the evolution of the trend in the H1 period using the MA 52 et MA 100. Then when the trend is up , It take buy position using the MA 5 ( M 5) the MA 10 (M 5) cross at the bottom (stop this position when the MA 5 and MA 10 cross at the top or the RSI is overbought) Then, when the trend is down (in H1), it take a short position (sell) using the MA 5 ( in M5) and MA 10 (in M 5) up
This indicator works on this way: Trader should provided the n period "Number of Candle" ( the default period is 6) Then the indicator will calculate the number of pips in the last n period (not the current candle) And that is display on the chart With that the should confirmed his up trend or down trend analyse according to the number of pips in the last n candles( bullish or bearish) he has provided